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Lessons to Glean From the West Coast Port Dispute

MIT Supply Chain

These include a wider Panama Canal and possibly the construction of a Nicaragua Canal; Mexican port capacity expansions; port capacity expansions on the US East Coast that will reduce the costs of using the Suez Canal; and even the opening up of Arctic sea routes. This post was originally published on the LinkedIn Influencer site.

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Can the Latin America and Caribbean Region Use Nearshoring to Become a Supply Chain Hub?

MIT Supply Chain

Although Costa Rica and Panama are well placed compared to other regional countries to compete in international trade, “all countries compare unfavorably with their relevant peers,” The report says factors like education, infrastructure, the efficiency of markets, and the quality of institutions are especially important.